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Philippines ranks 74th out of 128 economies in innovation

The 2016 Global Innovation Index edition ranks the Philippines on the lower levels, under the 50 percent among the 128 economies covered in the study. The encouraging part of the survey is that the country moved up from its previous rankings. The report jointly released by World Intellectual Property Organization (WIPO), Cornell University and INSEAD ranked economies in terms of their Global Innovation Index (GII) based on 82 indicators.

In the 2016 Global Innovation Index (GII) report, the Philippines was 74th on innovation among 128 economies surveyed.

The report jointly released by World Intellectual Property Organization (WIPO), Cornell University and INSEAD ranked 128 economies in terms of their Global Innovation Index (GII) based on 82 indicators.

The 9th edition of the index explored impacts of innovation-oriented policies on economic growth and development reflected through strategies employed by both high-income and developing countries.

The report discussed the growing importance of innovation among countries today in achieving future economic growth and the sharing of knowledge cross-border through global innovation networks.

The index also include indicators that go beyond the traditional measures such as the level of research and development that can be applied for both developed and emerging economies.

The country was ranked 95th from 123rd in 2015 in human capital and research. It measured the quality of the country’s education with its research and development.

The country edged up in six other GII indicators which include institution (88th from 102nd), infrastructure (72nd from 83rd), market sophistication (94th from 101st), business sophistication (74th from 81st), knowledge and technology outputs (44th from 53rd), and creative outputs (96th from 101st). (PIA)

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Afar and in our viewing safety, the string tornado that formed and hit a portion somewhere in the vicinity of Legazpi city at about 4 PM yesterday looked spectacular and amazing. But it gave me goose bumps. While I don’t have any info on what definite spot of the province […]

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Legazpi City, Albay — Albay power blackout disrupted our lives, bigtime! On Wednesday, May 28 at about 9″00 o’clock AM the electiricity being supplied by Albay Power and Energy corporation (APEC) thru feeders 1, 2 ,3 and 4 in this city, suddenly went off. The APEC, (the company created with […]

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There are similarities between the cities of Davao and Puerto Princesa. Both have large land area than any of the cities one can locate in the country. Same cities are outside of Metro Manila. Before, respective residents claim either of the two LGUs was the biggest in the Philippines in terms of territory covered. Checking their websites and Wikipedia recently, it seems that has been settled.

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In the continuing coverage of the traditional Catholic observation of the Holy Week, we join the Holy Father in Vatican for the Chrism Mass. Pope Francis presides on this April 13, 2017 solemn mass celebration as the sacred oils used for the Sacraments and Ordinations are blessed. Watch the Maundy […]

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The recent typhoon (Bebeng) hit the streets of Calabanga and poured enormous flood water on our living rooms. The storm also drained out about one thousand tilapia fingerlings me and my kumpadre seeded on the portion of the creek at the back of our house.

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Miss PH Mary Jean Lastimosa among top picks in MU After the preliminaty presensention last Wednesday of the candidates to the 63rd Miss Universe pageant, Mary Jean Lastimosa of the Philippines garnered more likers. Will she bring home the crown? Her performance more than showed her being prepared for the […]

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PILI, Camarines Sur — After two years absence, the Kaogma (Happy) Festival of this province reopened Saturday, May 24th, in the capitol complex to a fiesta theme complete with free rides, rock-band concerts, pageants, boxing and variety shows with television and movie stars. An excited Gov. Miguel Luis Villafuerte, announced […]

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New Tropical Depression expected to enter PAR Thursday – PAGASA MANILA, May 4 — The low-pressure area (LPA) outside the country has intensified into a tropical depression, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Sunday. With its speed and movement, the tropical depression is expected to […]

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The United States will contribute more than a quarter of a billion dollars to its allies in Southeast Asia to enhance regional maritime security, the White House said in a press release on Tuesday. “Committing USD119 million in Fiscal Year 2015 to develop Southeast Asian maritime capabilities and will seek […]

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